Velocity Energy (Velocity Energy) Scaled Net Operating Assets : 0.61 (As of Jun. 2009)

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What is Velocity Energy Scaled Net Operating Assets?

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Velocity Energy's operating assets for the quarter that ended in Jun. 2009 was $8.23 Mil. Velocity Energy's operating liabilities for the quarter that ended in Jun. 2009 was $2.51 Mil. Velocity Energy's Total Assets for the quarter that ended in Mar. 2009 was $9.38 Mil. Therefore, Velocity Energy's scaled net operating assets (SNOA) for the quarter that ended in Jun. 2009 was 0.61.

Velocity Energy Scaled Net Operating Assets Historical Data

The historical data trend for Velocity Energy's Scaled Net Operating Assets can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Velocity Energy Scaled Net Operating Assets Chart

Velocity Energy Annual Data

Trend

Dec05

Dec06

Dec07

Dec08

Scaled Net Operating Assets

-0.61

-0.70

17.20

0.91

Velocity Energy Quarterly Data
	Dec05	Mar06	Jun06	Sep06	Dec06	Mar07	Jun07	Sep07	Dec07	Mar08	Jun08	Sep08	Dec08	Mar09	Jun09
Scaled Net Operating Assets	Get a 7-Day Free Trial										0.68	0.76	1.68	0.57	0.61

Competitive Comparison of Velocity Energy's Scaled Net Operating Assets

For the Oil & Gas E&P subindustry, Velocity Energy's Scaled Net Operating Assets, along with its competitors' market caps and Scaled Net Operating Assets data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Velocity Energy's Scaled Net Operating Assets Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Velocity Energy's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Velocity Energy's Scaled Net Operating Assets falls into.

Velocity Energy Scaled Net Operating Assets Calculation

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Velocity Energy's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2008 is calculated as

	Scaled Net Operating Assets (SNOA)		(A: Dec. 2008 )
=	(Operating Assets (A: Dec. 2008 )	-	Operating Liabilities (A: Dec. 2008 ))	/	Total Assets (A: Dec. 2007 )
=	(12.271	-	1.894)	/	11.391
=	0.91

where

	Operating Assets		(A: Dec. 2008 )
=	Total Assets	-	Cash, Cash Equivalents, Marketable Securities
=	12.466	-	0.195
=	12.271

	Operating Liabilities		(A: Dec. 2008 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	12.729	-	9.099	-	1.736
=	1.894

Velocity Energy's Scaled Net Operating Assets (SNOA) for the quarter that ended in Jun. 2009 is calculated as

	Scaled Net Operating Assets (SNOA)		(Q: Jun. 2009 )
=	(Operating Assets (Q: Jun. 2009 )	-	Operating Liabilities (Q: Jun. 2009 ))	/	Total Assets (Q: Mar. 2009 )
=	(8.229	-	2.513)	/	9.381
=	0.61

where

	Operating Assets		(Q: Jun. 2009 )
=	Total Assets	-	Cash, Cash Equivalents, Marketable Securities
=	8.272	-	0.043
=	8.229

	Operating Liabilities		(Q: Jun. 2009 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	14.148	-	0	-	11.635
=	2.513

Velocity Energy Scaled Net Operating Assets Related Terms

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Velocity Energy (Velocity Energy) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Velocity Energy Inc. (OTCPK:VCYE) » Definitions » Scaled Net Operating Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

523 North Sam Houston Parkway East, Suite 175, Houston, TX, USA, 77060

Website

http://www.velocity-energy.com

Velocity Energy Inc is an oil and gas exploration and production company. It is engaged in the acquisition, development, exploration and production of natural gas and oil.

Executives

Michael J Pawelek	director, officer: President and CEO	300 EAST SONTERRA BLVD. STE 1220 SAN ANTONIO TX 78258
Peter Benz	10 percent owner	171 MADISON AVE., 17 FL.,, NEW YORK NY 10016
Longview Fund Lp	10 percent owner	VIKING ASSET MANAGEMENT LLC, 66 BOVET ROAD, SUITE 320, SAN MATEO, CA 94402
Howard J Taylor	director, 10 percent owner, officer: CEO	STE. 194 48 PAR LA VILLE RD HAMILTON D0 HM11

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